In recent trading session, Ingersoll-Rand Inc (NYSE:IR) saw 1.58 million shares changing hands at last check today with its beta currently measuring 1.41. Company’s recent per share price level of $85.9 trading at -$1.85 or -2.11% at last check today assigns it a market valuation of $34.66B. That most recent trading price of IR’s stock is at a discount of -23.43% from its 52-week high price of $106.03 and is indicating a premium of 23.62% from its 52-week low price of $65.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.68 million shares which gives us an average trading volume of 2.95 million if we extend that period to 3-months.
For Ingersoll-Rand Inc (IR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.21. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.8 in the current quarter.
Ingersoll-Rand Inc (NYSE:IR) trade information
Ingersoll-Rand Inc’s shares saw a change of -14.39% in year-to-date performance and have moved -3.50% in past 5-day. Ingersoll-Rand Inc (NYSE:IR) showed a performance of 6.52% in past 30-days. Number of shares sold short was 12.12 million shares which calculate 4.52 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 93 to the stock, which implies a rise of 7.63% to its recent value today. Analysts have been projecting 77 as a low price target for the stock while placing it at a high target of 93. It follows that stock’s current price would jump 10.36% in reaching the projected high whereas dropping to the targeted low would mean a gain of 10.36% for stock’s current value.
Ingersoll-Rand Inc (IR) estimates and forecasts
This year revenue growth is estimated to rise 3.82% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.85B for the same. And 12 analysts are in estimates of company making revenue of 1.94B in the next quarter. Company posted 1.81B and 1.86B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.01% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 1.74% while estimates for its earnings growth in next 5 years are of 6.83%.
Ingersoll-Rand Inc (NYSE:IR)’s Major holders
Insiders are in possession of 0.22% of company’s total shares while institution are holding 99.92 percent of that, with stock having share float percentage of 100.13%. Investors also watch the number of corporate investors in a company very closely, which is 99.92% institutions for Ingersoll-Rand Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at IR for having 45.18 million shares of worth $4.1 billion. And as of 2024-06-30, it was holding 11.198 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 34.48 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.5446 of outstanding shares, having a total worth of $3.13 billion.
On the other hand, GROWTH FUND OF AMERICA and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 17.15 shares of worth $1.47 billion or 4.25% of the total outstanding shares. The later fund manager was in possession of 12.74 shares on Mar 31, 2025 , making its stake of worth around $1.1 billion in the company or a holder of 3.16% of company’s stock.
